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Reciprocity is one of the main basic social relations that constitute societies. It consists of being favourable to … fact proper reciprocity). Reciprocity extends to important cases of aids inducing aids that are not strictly reciprocal. It … in questions of development. The theory of reciprocity shows and compares the various types of solutions of the …
Persistent link: https://www.econbiz.de/10014023677
Altruism, giving and pro-social conduct, and reciprocity, are the basis of the existence and performance of societies … the fields of social sentiments, situations or relations, an intrinsic norm, or self-interested. Reciprocity, in which a …
Persistent link: https://www.econbiz.de/10014023682
As demonstrated in a recent laboratory experiment (see Sebald & Walzl, 2014), individuals tend to sanction others who subjectively evaluate their performance whenever this assessment falls short of the individuals’ self-evaluation. Interestingly, this is the case even if the individuals’...
Persistent link: https://www.econbiz.de/10011209136
, i.e. they have heterogeneous unobservable intrinsic motivation levels. I derive the optimal mechanism (allocation rule …
Persistent link: https://www.econbiz.de/10010359776
agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees …Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics … behavioral complexity and realism into models of agency within organizations. Specifically, we assess the insights gained by …
Persistent link: https://www.econbiz.de/10014025105
This study investigates the role of social networks in aligning the incentives of economic agents in settings with incomplete contracts. We study the New York City taxi industry where taxis are often leased and lessee-drivers have worse driving outcomes than owner-drivers as a result of a moral...
Persistent link: https://www.econbiz.de/10008531880
Persistent link: https://www.econbiz.de/10011938232
How do firms motivate their employees to be productive? The conventional wisdom is that workers respond to monetary incentives - "Pay them more and they will work harder." However, a large and growing body of empirical evidence from laboratory and field experiments, surveys, and observational...
Persistent link: https://www.econbiz.de/10011413663
Persistent link: https://www.econbiz.de/10011506112